Donald Sun Fun manufactures three categories of bicylces: Mountain, Road and Hybrid. On January 1, 2017, Donald adopted dollar- value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: Category Quantity Cost per Unit Mountain 3.000 $558 Road 2,000 992 Hybrid 5,000 310 10,000 Total Cost $1,674,000 1,984,000 1.550.000 $5,208,000 During 2017, the company had the following purchases and sales. Quantity Category Purchased Mountain 10,000 Cost per Unit $614 Quantity Selling Price Sold per Unit 11,000 $806 Road 9.000 1,017 8,000 1.488 Hybrid 13.000 372 12,000 620 32,000 31,000 10,000 $5,208,000 During 2017, the company had the following purchases and sales. Category Quantity Purchased cost per Unit 10,000 $614 Quantity Selling Price Sold per Unit Mountain 11,000 $806 Road 9,000 1,017 8,000 1.488 Hybrid 372 12,000 620 13,000 32,000 31,000 (a 1) Calculate price index. (Round answer to 4 decimal places, e.g. 1.4562.) Price index Save for Later Attempts: unlimited Submit